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Energy Reduction Assets
Energy Reduction Assets (ERAs) are revenue streams that are created by tracking the unspent portion of traditional energy usage. The reduction of expected energy use is a potential revenue source that may be manipulated to improve business performance and reduce waste and environmental impacts. In 2011, the World Economic Forum reported that personal, digital data is a new asset class, generating a new wave of opportunity for economic and societal value creation. Due to dramatic advances in web-based monitoring, real-time data analytics and utilities using peak pricing, energy reduction is now becoming a tangible asset that companies can measure, manage, procure and sell. For energy reduction, capturing data is the means to tap into energy savings, which, over time, become an asset. In order to implement efficiency measures and generate revenue streams, it is important to determine areas of least efficiency. This will provide the platform for accurately focusing efforts to achiev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Demand Response
Demand response is a change in the power consumption of an electric utility customer to better match the demand for power with the supply. Until the 21st century decrease in the cost of pumped storage and batteries electric energy could not be easily stored, so utilities have traditionally matched demand and supply by throttling the production rate of their power plants, taking generating units on or off line, or importing power from other utilities. There are limits to what can be achieved on the supply side, because some generating units can take a long time to come up to full power, some units may be very expensive to operate, and demand can at times be greater than the capacity of all the available power plants put together. Demand response seeks to adjust the demand for power instead of adjusting the supply. Utilities may signal demand requests to their customers in a variety of ways, including simple off-peak metering, in which power is cheaper at certain times of the day ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Load Shedding
Demand response is a change in the power consumption of an electric utility customer to better match the demand for power with the supply. Until the 21st century decrease in the cost of pumped storage and batteries electric energy could not be easily stored, so utilities have traditionally matched demand and supply by throttling the production rate of their power plants, taking generating units on or off line, or importing power from other utilities. There are limits to what can be achieved on the supply side, because some generating units can take a long time to come up to full power, some units may be very expensive to operate, and demand can at times be greater than the capacity of all the available power plants put together. Demand response seeks to adjust the demand for power instead of adjusting the supply. Utilities may signal demand requests to their customers in a variety of ways, including simple off-peak metering, in which power is cheaper at certain times of the day ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Negawatt
A negawatt market is a proposed idea of implementation of the demand response (Grid balancing, balancing the electrical grid through the changes in consumption) that uses an energy market where the commodity traded is a ''negawatt-hour'', a unit of energy saved as a direct result of energy conservation measures. Negawatt power is investment to reduce electricity consumption rather than investing to increase supply capacity. In this way investing in negawatts can be considered as an alternative to a new power station and the costs and environmental concerns can be compared. Negawatt investment alternatives to reduce consumption by improving efficiency include: * Improved thermal insulation and airtightness for buildings – low environmental impact * Replacing older industrial plant – low environmental impact. Can have a positive impact due to reduced emissions. Negawatt investment alternatives to reduce peak electrical load by time shifting demand include: * Storage heaters â ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Service Companies
An energy service company (ESCO) is a company that provides a broad range of energy solutions including designs and implementation of energy savings projects, retrofitting, energy conservation, energy infrastructure outsourcing, power generation, energy supply, and risk management. A newer breed of ESCO includes innovative financing methods, such as off-balance sheet mechanisms. A range of applicable equipment configured in such a way that reduces the energy cost of a building. The ESCO starts by performing an analysis of the property, designs an energy efficient solution, installs the required elements, and maintains the system to ensure energy savings during the payback period."What is an ESCO?" National Association of Energy Service Provides (NAESCO). 15 Jan. 2017 . The savings in energy costs are often used to pay back the capital investment of the project over a five to twenty years period or reinvested into the building to allow the capital upgrades that may otherwise be unf ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carbon Footprint
A carbon footprint is the total greenhouse gas (GHG) emissions caused by an individual, event, organization, service, place or product, expressed as carbon dioxide equivalent (CO2e). Greenhouse gases, including the carbon-containing gases carbon dioxide and methane, can be emitted through the burning of fossil fuels, land clearance, and the production and consumption of food, manufactured goods, materials, wood, roads, buildings, transportation and other services. In most cases, the total carbon footprint cannot be calculated exactly because of inadequate knowledge of data about the complex interactions between contributing processes, including the influence of natural processes that store or release carbon dioxide. For this reason, Wright, Kemp, and Williams proposed the following definition of a carbon footprint: The Greenhouse Gas Protocol has extended the range of gases. The global average annual carbon footprint per person in 2014 was about 5 tonnes CO2e. Although the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Peak Demand
Peak demand on an electrical grid is simply the highest electrical power demand that has occurred over a specified time period (Gönen 2008). Peak demand is typically characterized as annual, daily or seasonal and has the unit of power. Peak demand, peak load or on-peak are terms used in energy demand management describing a period in which electrical power is expected to be provided for a sustained period at a significantly higher than average supply level. Peak demand fluctuations may occur on daily, monthly, seasonal and yearly cycles. For an electric utility company, the actual point of peak demand is a single half-hour or hourly period which represents the highest point of customer consumption of electricity. At this time there is a combination of office, domestic demand and at some times of the year, the fall of darkness. Some utilities will charge customers based on their individual peak demand. The highest demand during each month or even a single 15 to 30 minute period ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Demand Management
Energy demand management, also known as demand-side management (DSM) or demand-side response (DSR), is the modification of consumer demand for energy through various methods such as financial incentives and behavioral change through education. Usually, the goal of demand-side management is to encourage the consumer to use less energy during peak hours, or to move the time of energy use to off-peak times such as nighttime and weekends. Peak demand management does not necessarily decrease total energy consumption, but could be expected to reduce the need for investments in networks and/or power plants for meeting peak demands. An example is the use of energy storage units to store energy during off-peak hours and discharge them during peak hours. A newer application for DSM is to aid grid operators in balancing variable generation from wind and solar units, particularly when the timing and magnitude of energy demand does not coincide with the renewable generation. Generators bro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Negawatt
A negawatt market is a proposed idea of implementation of the demand response (Grid balancing, balancing the electrical grid through the changes in consumption) that uses an energy market where the commodity traded is a ''negawatt-hour'', a unit of energy saved as a direct result of energy conservation measures. Negawatt power is investment to reduce electricity consumption rather than investing to increase supply capacity. In this way investing in negawatts can be considered as an alternative to a new power station and the costs and environmental concerns can be compared. Negawatt investment alternatives to reduce consumption by improving efficiency include: * Improved thermal insulation and airtightness for buildings – low environmental impact * Replacing older industrial plant – low environmental impact. Can have a positive impact due to reduced emissions. Negawatt investment alternatives to reduce peak electrical load by time shifting demand include: * Storage heaters â ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Use
Energy consumption is the amount of energy used. Biology In the body, energy consumption is part of energy homeostasis. It derived from food energy. Energy consumption in the body is a product of the basal metabolic rate and the physical activity level. The physical activity level are defined for a non-pregnancy, pregnant, non-lactation, lactating adult as that person's total energy expenditure (TEE) in a 24-hour period, divided by his or her basal metabolic rate (BMR): :\text=\frac Demographics Topics related to energy consumption in a demographic sense are: * World energy supply and consumption * Domestic energy consumption * Electric energy consumption Effects of energy consumption * Environmental impact of the energy industry ** Global warming * White's law Reduction of energy consumption * Energy conservation, the practice of decreasing the quantity of energy used * Efficient energy use See also * Efficient energy use, Energy efficiency * Energy efficiency in transpor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
